U.S. inflation rise on Pent-up demand, supply constraints: The U.S. central bank slashed its benchmark overnight interest rate to near zero last year and is pumping money into the economy through monthly bond purchases. It has signaled it could tolerate higher inflation for some time to offset years in which inflation was lodged below its target, a flexible average.
Friday 28 May 2021
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment